Major Drilling Group International Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Denis Larocque
- Full Time Employees
- 5,879
- Sector
- Industrial services
- Industry
- Contract drilling
- Address
- 111 St. George Street Moncton NB Canada E1C 1T7
- IPO Date
- Mar 9, 1995
- Website
- majordrilling.com
- Similar Companies
- Business
- Major Drilling Group International Inc. is a leading provider of specialized drilling services primarily to the mining and metals industry. The company offers a comprehensive suite of drilling services including surface and underground coring, directional drilling, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive and longhole drilling, surface drill and blast, and related mine services; it also develops data and technology-driven innovation solutions such as cloud-based machine learning tools for core photography analysis and real-time geological decision-making. Founded in 1980 and headquartered in Moncton, New Brunswick, Canada, Major Drilling operates field offices and facilities across North America, South America, Australia, Asia, Africa, and Europe, serving junior exploration companies and senior mining operators with a fleet of over 700 drills and approximately 6,000 employees. In November 2024, the company acquired Explomin Perforaciones, a leading Peruvian specialty driller, for up to US$85 million, adding over 100 rigs focused on deep-hole, directional, and high-altitude drilling in Peru, Colombia, the Dominican Republic, and Spain, which expanded its South American presence, diversified revenue with more underground operations, and boosted its rig count while proving immediately accretive; by November 2025, integration advanced with new technologies, safety protocols, and rebranding as a Major Drilling company amid strong regional revenue growth of 11.6% year-over-year in Q4 2025. Recent activities include the renewal of a normal course issuer bid in October 2025 and upcoming release of second fiscal quarter results in December 2025.
Company News
Major Drilling Group International Inc. (MDI:CA) Q1 2027 Earnings Call Transcript
Major Drilling Group International Q1 Earnings Call Highlights
Major Drilling to Release Results for its First Fiscal Quarter on Wednesday, September 2, 2026
Major Drilling Group International Q4 Earnings Call Highlights
Major Drilling Announces Fourth Quarter Results and Record Annual Revenue
ICG Silver & Gold Engages Major Drilling for Upcoming 3,000-Meter Drill Program at the Tuscarora District
Alphabet, Major Drilling And More On CNBC's 'Final Trades'
Major Drilling to Release Results for its Fourth Fiscal Quarter and Fiscal 2026 on Wednesday, June 10, 2026
Major Drilling Group International Inc. (MDI:CA) Q3 2026 Earnings Call Transcript
Major Drilling Announces Third Quarter 2026 Results
Major Drilling to Release Results for its Third Fiscal Quarter on Wednesday, February 25, 2026
Major Drilling Group International (OTCMKTS:MJDLF) Share Price Passes Above Fifty Day Moving Average – Here’s Why
Major Drilling Group International (OTCMKTS:MJDLF) Stock Passes Above 50 Day Moving Average – Time to Sell?
Major Drilling Group International Inc. (MDI:CA) Q2 2026 Earnings Call Transcript
Major Drilling Announces Record Quarterly Revenue for its Second Quarter 2026
Major Drilling to Release Results for its Second Fiscal Quarter on December 10, 2025
Major Drilling Announces Normal Course Issuer Bid
Major Drilling Announces Results of Annual Meeting of Shareholders
Major Drilling Group International Inc. (MDI:CA) Q1 2026 Earnings Call Transcript
Major Drilling to Release Results for its First Quarter on September 8, 2025